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Persistent link: https://www.econbiz.de/10011325708
An information-theoretic thought experiment is developed to clarify why the maximum entropy methodology is appropriate for predicting the equilibrium state of economic systems. As a first step, object allocation problems, modeled as knapsack problems, are shown to be equivalent to congestion...
Persistent link: https://www.econbiz.de/10009532152
Persistent link: https://www.econbiz.de/10003909312